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Samsung says Q4 profits up 50% despite Note7 recall

SEOUL: Samsung Electronics' profits leaped in the fourth quarter, it said on Tuesday, despite the humiliating Galaxy Note 7 recall that hammered the reputation of the world's largest smartphone maker. The South Korean tech giant took another blow when prosecutors began investigating its involvement in a corruption scandal, which has seen the country's president impeached, and sought the arrest of the firm's de facto leader Lee Jae-Yong. In a statement, the group's flagship subsidiary Samsung Electronics said it posted…